CHMI (Cherry Hill Mortgage Investment) Scaled Net Operating Assets: 0.21 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHMI Cherry Hill Mortgage Investment Corp CHMI
29 GF Score
Price $2.92
! 7 Warning Signs
View Full Analysis

What is Cherry Hill Mortgage Investment Scaled Net Operating Assets?

Cherry Hill Mortgage Investment CHMI 29 Scaled Net Operating Assets is 0.21 as of Jun. 2026. GuruFocus rates CHMI with a GF Score™ of 29/100. The stock has 7 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cherry Hill Mortgage Investment's operating assets for the quarter that ended in Jun. 2026 was $1,345.48 Mil. Cherry Hill Mortgage Investment's operating liabilities for the quarter that ended in Jun. 2026 was $1,027.97 Mil. Cherry Hill Mortgage Investment's Total Assets for the quarter that ended in Mar. 2026 was $1,518.29 Mil. Therefore, Cherry Hill Mortgage Investment's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.21.

CHMI
29GF Score
Cherry Hill Mortgage Investment Corp CHMI
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cherry Hill Mortgage Investment Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cherry Hill Mortgage Investment's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1485.61-1156.833)/1491.175
=0.22

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1540.556 - 54.946
=1485.61

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1302.024 - 145.191 - 0
=1156.833

Cherry Hill Mortgage Investment's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(1345.482-1027.972)/1518.288
=0.21

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1397.544 - 52.062
=1345.482

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1168.62 - 140.648 - 0
=1027.972

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.21 mean?
Cherry Hill Mortgage Investment (CHMI) has a Scaled Net Operating Assets of 0.21 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cherry Hill Mortgage Investment and its competitors.
Is Cherry Hill Mortgage Investment's Scaled Net Operating Assets too high?
Cherry Hill Mortgage Investment's current Scaled Net Operating Assets is 0.21. Overall, Cherry Hill Mortgage Investment has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Cherry Hill Mortgage Investment's Scaled Net Operating Assets compare to RPT and GPMT?
Cherry Hill Mortgage Investment's Scaled Net Operating Assets of 0.21 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cherry Hill Mortgage Investment and its competitors. Cherry Hill Mortgage Investment's current Scaled Net Operating Assets is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherry Hill Mortgage Investment stock overvalued right now?
Cherry Hill Mortgage Investment (CHMI) has a current Scaled Net Operating Assets of 0.21. The current Scaled Net Operating Assets is 0.21. Cherry Hill Mortgage Investment's overall GF Score™ is 29/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Cherry Hill Mortgage Investment (CHMI), the current Scaled Net Operating Assets is 0.21 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cherry Hill Mortgage Investment Business Description

Industry Real EstateREITs
Address 4000 Route 66, Suite 310, Tinton Falls, NJ, USA, 07753
Cherry Hill Mortgage Investment Corp is a fully integrated, internally managed residential real estate finance company focused on acquiring, investing in and managing residential mortgage assets in the United States. It invests in residential mortgage assets to generate current yields and risk-adjusted total returns for its stockholders over the long term, through dividend distributions and secondarily through capital appreciation. The company's reportable segments include investments in Residential mortgage-backed securities (RMBS), Investments in Servicing Related Assets, and All Others. It generates maximum revenue from the RMBS segment in the form of Interest income earned for servicing mortgage loans.
29GF Score

Get the complete analysis for CHMI

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.92
Price